After the Indian Premier League player retention process, in which every franchise named the players they retain, the focus has shifted to the IPL Players Auction. Player auction is going to take place in Bangalore on January 27 and 28.
Indian skipper Virat Kohli became the most expansive player as RCB spent Rs 17 crore to retain their captain. CSK is back in IPL after the break of two years and they have retained their skipper Mahendra Singh Dhoni along with all-rounder Ravindra Jadeja and Suresh Raina.
Rajasthan Royals and Kings XI Punjab (KXIP) have the advantage over other teams in the auction as they have retained only one player in the player retention event.
While RR went for Aussie skipper Steve Smith, KXIP picked left-arm spinner Axar Patel.
In IPL auction, each franchise can spend 80 crores and buy 25 maximum players in which eight can be overseas.
Player Retention Policy:
Every team can retain 5 players either by retaining the player or by using RTM (Right to match card). If the franchise had not retained any player then they can have up to 3 RTM
One team can retain maximum 3 Capped Indian players and two Overseas players and 2 Uncapped Indian players.
Total money a team can spent: Rs 80 crore
Chennai Super Kings (CSK) – Rs 47 crore
Amount spent – Rs 33 crore (MS Dhoni – Rs 15 crore, Suresh Raina – Rs 11 crore, Ravindra Jadeja – Rs 7 crore)
RTM Available at auction – 2
Delhi Daredevils (DD) – Rs 47 crore
Amount spent – Rs 33 crore (Rishabh Pant – Rs 15 crore, Chris Morris – Rs 11 crore, Shreyas Iyer – Rs 7 crore)
RTM Available at auction- 2
Kings XI Punjab (KXIP) – Rs 67.5 crore
Amount spent – Rs 12.5 crore (Axar Patel – Rs 12.5 cr)
RTM Available – 3
Kolkata Knight Riders (KKR) – Rs 59 crore
Amount spent – Rs 21 crore (Sunil Narine – Rs 12.5 cr, Andre Russell – Rs 8.5 cr)
RTM available – 3
Mumbai Indians (MI) – Rs 47 crore
Amount spent – Rs 33 crore (Rohit Sharma – Rs 15 cr, Hardik Pandya – Rs 11 cr, Jasprit Bumrah – Rs 7 cr)
RTM available – 2
Rajasthan Royals (RR) – Rs 67.5 crore
Amount spent – Rs 12.5 crore (Steve Smith – Rs 12.5 cr)
RTM available – 3
Royal Challengers Bangalore (RCB) – Rs 49 crore
Amount spent – Rs 31 crore (Virat Kohli – Rs 17 cr, AB de Villiers – Rs 11 cr, Sarfaraz Khan – Rs 3 cr)
RTM available – 2
Sunrisers Hyderabad (SRH) – Rs 59 crore
Amount spent – Rs 21 crore (David Warner – Rs 12.5 cr, Bhuvneshwar Kumar – Rs 8.5 cr )
RTM available – 3